Accounting Outsourcing Services Company in Chennai India

Accounting Outsourcing

• Ongoing pressures to optimize business performance have prompted many financial executives to look for new approaches, including outsourcing of the finance and accounting organization.

• Global Services perfectly suits in helping your company transform into a high-

performance organization that streamlines processes, maintains compliance and cuts costs, all while letting you focus on your core competencies and grow your business.

• For years, we have been providing a full suite of auditing and accounting services from the transactional to compliance and control.

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Accounting Outsourcing

• Throughout our centers, we offer proven solutions tailored to meet each client’s specific needs and have a broad range of experience in a variety of industries.

• Books of accounts are maintained keeping in mind all the applicable Statutory requirements. We work on an offsite/onsite model as per client preference. Accounts are primarily maintained by any organization for statutory purposes or management purposes.

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General Accounting Outsource Services

• Bookkeeping involves the process of recording, analyzing and interpreting the financial transactions of a business or individual. The discipline of book-keeping accounts for a large proportion of the accounting process.

• It is a legislative requirement to have up to date financial records to ensure a business pays all necessary taxes and levies.

• A skilled and compliant bookkeeper should be able to produce financial records that give business accurate information about its financial activities. These records are critical to the future success of any business.

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Preparing Financial Statements

• Understanding financial statements is essential to the success of a small business.

• They can be used as a roadmap to steer you in the right direction and help you avoid costly breakdowns.

• Financial statements have a value that goes far beyond preparing tax returns or loans. Below you will find information on the primary financial statements: the balance sheet and the income statement.

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Managing your Accounts

• Managing your accounts is a fundamental part of running your own limited company.

• If you have never dealt with accounts and financial statements, then it may be a daunting prospect, however thankfully in this age of electronic wizardry there is a wide range of software to assist you with these new responsibilities.

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Payroll Outsourcing

• Payroll is one of the many responsibilities of an employer and is a crucial part of the business. Your business cannot do without payroll and it is not simple.

• Streamlined and error-free payroll processes can do more for you.

• It can help you unlock business insights, improve compliance and steer your

business towards comprehensive human capital management.

• Your tax refund is based on how much tax you pay in excess of the tax you owe.

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Tax Planning and Returns

• Your periodic income tax may increase the gap and thus your refund.

• In some cases, these strategies benefit you in other ways, offsetting future costs for health care or providing for retirement.

• Though some aspects of tax law can be complicated, even a beginner can focus on taxable income reduction.

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Thank You

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